Chinese hackers blamed for multiple breaches at US banking agency

The FDIC failed to promptly report breaches, a congressional report says.

By Grant Gross

Chinese government hackers were the likely attackers in three breaches in recent years at the Federal Deposit Insurance Corporation, the U.S. agency that insures bank accounts, according to a congressional audit.

Breaches at the FDIC in 2010, 2011, and 2013 were caused by an “advanced persistent threat … believed to have been the Chinese government,” according to an interim report on the agency’s cybersecurity from the House of¬†Representatives Science, Space, and Technology Committee.

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